Ciments du Maroc acquired Cimsud for €25 million
The transaction increases the number of grinding centres to three in the southern provinces of Morocco.
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▪ Ciments du Maroc acquired Cimsud for €25 million
▪ The transaction increases the number of grinding centres to three in the southern provinces of Morocco.
▪ https://www.africabusinessplus.com/en/807338/ciments-du-maroc-acquires-cimsud-for-e25-million/
In July 2019, the Moroccan subsidiary of the German HeidelbergCement finalised an agreement with the conglomerate Anouar Invest to purchase the grinding unit based in Laâyoune, 500 km southwest of Agadir, in May 2020. The plant’s production capacity is 500 000 tons per year.
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